Van Meter Inc.

$7,413,400 PPP Loan in Cedar Rapids, Iowa

Loan Details

Loan Number
5582087009
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$7,413,400
Current Approval
$7,413,400
Forgiveness Amount
$7,505,244
Forgiveness Date
Jul 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Van Meter Inc.
Address
850 32nd Ave SW
State
Iowa
ZIP Code
52404-3913
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
496
Estimated Revenue
$151.9M
Rural/Urban
Urban
Congressional District
IA-02

Loan Use Breakdown

Payroll
$7,205,550
Rent
$98,840
Utilities
$109,010

Lender Information

Servicing Lender
Commerce Bank
Originating Lender
Commerce Bank

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